MillenniumESP to provide end to end storage solutions Strategic partnership with Sun and HDS

Colombo, April 2008

MillenniumESP, Sri Lanka’s leading enterprise and telecom solutions provider, through its strategic partnership with Sun Microsystems will provide end to end storage solutions to key Telco and Banking customers through world renowned Hitachi Data Systems (HDS).

Sun Microsystems, a market leader in network computing infrastructure solutions, has been working closely with HDS to deliver storage technology breakthroughs to the industry. This strategic collaboration with Sun and HDS looks set to gather greater growth opportunities in both existing and new markets in Sri Lanka. MillenniumESP is the Principal Partner and Service Provider for Sun Microsystems in the country and having been in partnership for over ten years, is well positioned to ride the growth in the storage industry together with Sun and HDS.

Faiq Faaiz, Executive Vice President, MillenniumESP, says that Sri Lanka, as a fast developing country, is rapidly building up its IT infrastructure. He says that the mobile penetration rate is barely 25%, and there is still a large potential market to address. The financial services industry too is investing heavily in this aspect. The country's political and security situation also requires companies to consciously think of Disaster Recovery solutions. “All this IT buildup results in a huge explosion of data growth which MillenniumESP together with Sun and HDS can address,” he added.

Hitachi’s Service Oriented Storage Solutions enables it to be a service provider to businesses instead of a provider of rigid point to point solutions. It also enhances responsiveness and agility in deploying or extending storage services, drives cost efficiency through consolidation and the ability to leverage or reuse storage assets for strategic value. In addition, it provides consistent Quality of Service (QoS) with proven enterprise availability, reliability and performance, and most importantly, simplicity through one platform for all data and applications.

Mr. Boon Ping Tang, , HDS Channels Director, ASEAN Region says that with Hitachi’s strategy, all of these capabilities work in unison enabling customers to leverage ‘One Platform For All Data’ - the benefits of which can be immense. With Hitachi storage controller based virtualization, customers can enjoy common storage and data services for all heterogeneous storage and application storage requirements. It adds no complexity or latency, is not limited to SAN connection, preserves end-to-end security and enables seamless integration of future capabilities.

About MillenniumESP

MillenniumESP is a trusted IT architecture company and an industry-leading enterprise and telecom solutions provider. MillenniumESP is an independent business of MillenniumIT, the premier applications solutions provider serving the financial industry the world over. The Company’s automated trading system, Millennium Exchange™, currently powers several stock exchanges and depositories in the United States, Europe, Africa and the Asia-Pacific region. For more information, please visit www.millenniumit.com.